Baldur’s Gate 3 is currently taking up all the storage space I would give to Bethesda’s sci-fi RPG.
There is most definitely room for improvement. Small example: a lot of games’ downloads nowadays contain all the voicelines in every language in high quality audio files. Pretty much nobody will ever play a game in multiple different languages.
Another one: games come with 4k-textures now. Only a small fraction of players actually use a 4k display. Those textures eat up a lot of space and most players dont get anything out of them.